CBO Outlook
![CBO Outlook](/upload/7699501/05a586e54bd44a359e934edf4e65f02c--0--c03e598464ea4d3fa56f79161cf1af1f.jpg?w=1000&original=)
CBO Outlook
FILE - Phillip Swagel, Director of the Congressional Budget Office, testifies during a House Committee hearing Feb. 14, 2024, on Capitol Hill, in Washington. The CBO said Tuesday, June 18, that it projects a federal budget deficit increase of $400 billion or 27% this year, from its last budget outlook released in February.(AP Photo/Mariam Zuhaib, File)
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![CBO Outlook](/upload/7699501/05a586e54bd44a359e934edf4e65f02c--0--c03e598464ea4d3fa56f79161cf1af1f.jpg?w=270&h=180)
FILE - Phillip Swagel, Director of the Congressional Budget Office, testifies during a House Committee hearing Feb. 14, 2024, on Capitol Hill, in Washington. The CBO said Tuesday, June 18, that it projects a federal budget deficit increase of $400 billion or 27% this year, from its last budget outlook released in February.(AP Photo/Mariam Zuhaib, File)